E2E Networks Limited has informed the Exchange regarding Notice of Postal Ballot
E2E · price
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E2E Networks Limited is seeking shareholder approval via postal ballot for a 1:10 stock split. Each fully paid-up equity share with face value of Rs. 10 will be subdivided into 10 equity shares with face value of Rs. 1 each, ranking pari-passu in all respects. The authorized share capital remains unchanged at Rs. 50 crore (5 crore shares pre-split; 50 crore shares post-split). The issued, subscribed and paid-up capital stays at approximately Rs. 20.56 crore (2.06 crore shares pre-split), which will become 20.56 crore shares post-split. The Board has also approved necessary adjustments to the Employee Stock Option Plans 2018 and 2021. The stated rationale is to enhance liquidity and make shares more affordable for small investors. E-voting runs from April 22, 2026 to May 21, 2026.
Shareholders will receive 10 times the number of shares at 1/10th the market price, with no change in total portfolio value. The split aims to improve liquidity and attract broader retail participation. No dilution or change in the company's capital value.